Theresa May’s Dementia Tax would take 62% of average house in Chelmsford
The Conservative party's so-called "Dementia Tax" would cost £173,282 to the family of someone who had received ten years of care living in an average-priced home in Chelmsford, according to research by the Liberal Democrats.
The Conservative policy would take the money from the sale of family homes, to pay back the costs of caring for elderly and vulnerable relatives. The Lib Dems have estimated that, across Chelmsford, 62% of the value of the average home would be taken to pay for the Dementia Tax.
Stephen Robinson, Chelmsford's Liberal Democrat candidate said: "Theresa May wants to force families to pay back the costs if a parent has received long-term care. This is a new type of inheritance tax - but one that's targeted at people of modest means, not the wealthy. The Conservatives want to tax ordinary hardworking families out of their savings if their relative is unfortunate enough to need years of care: it is grotesquely unfair.
"This is in contrast to, say, long-term cancer treatment, which is free on the NHS."
"If Theresa May cannot be clear about the impact of her policy, how can she be trusted?"
The Lib Dems have launched a mock estate agency called "Theresa May and Co", attacking Theresa May's Dementia Tax: http://www.theresamayand.co/